Snohomish County is up 18-20% this year. Just not enough housing supply for the folks moving in. Lots of literature, articals lately how Seattle area is still going strong, Microsoft hiring, Boeing hiring, etc, etc. Houses are selling all around my neighborhood, at 20% appreciation…I know, I’m a nosy neighbor
My perspective is in Everett, north of Seattle about 25 miles.
If this applies to you, how would you say the Seattle Market fares now days. It seemed like it was still sizzling two months ago, now maybee a coll down. What do yall think?
I disagree. I’m seeing homes sit on the market for quite a while now. The lower-end homes still seem to sell very quickly, but higher end homes all have price reduced signs on them. I’ve also seen a rash of FSBO signs popup as well. Of course, it all comes down to price…
You must not be a very active investor. Anything close to town is selling fast. Do a search on the Seattle Times site, there was an article out two weeks ago about million dollar homes selling with multiple offers. Seattle homes have appreciated 25% year over year.
Ahh, well I generally stick with high end restoration rehabs and there is big money moving around still as far as I can tell. I’ve sold 3 so far this year between $1 million and $1,500,000 with no problem, the last being about a month ago. On two of them we had multiple offers after we held off from accepting offers for the first week.
At least in the South Seattle,Beacon Hill area. I got a home on the market now for $284,950 2 bed/ 1bath on Beacon Hill with view. New Bathroom updated kitchen, new furnace on a 7,400 sq ft lot. Im doing FSBO and have been getting lots of looks but no bites. As opposed to March/April I woulda been sold it, or at least gotten an offer if not multiples. Just my 2 cents.